Mostly known as Revolving Matrix Plan or Matrix Cycle Plan, the Board MLM Plan is one MLM plan which is widely used by a majority of the companies.There are various concepts which are much crucial in the success of the MLM companies and this is one of the popular MLM compensation plans that is mostly preferred by the companies to win the industry
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Board Plan
HOW BOARD PLAN WORKS ?
The design of the Board Plan is a 2X2 , it always follows the sponsor Board/Matrix Cycle. The Board Plan is a unique system that makes your victory certain and gives you an opportunity to take benefit from the effort of all the board members. The specific member will be entitled to commission every time the Board/Matrix Cycle entries completed. Here are a few points discussed which may help a beginner select an excellent Board/Matrix Cycle Plan.
Once you joined this Cycle Plan, a blank board will be allotted and you will be placed at the top of board. As per requirements now you have to refer 2 member in the board at your 1st level and your direct member will refer there 2 each which make 4 downline at your level 2. With the 6 downline (2+4) your board will be complete and you move to next board and same time your board will be broken into 2 new board for your downline. Now your downline have to complete there board and they will will follow you in next board. Commission can be paid per downline or it can be paid when your board is complete. Higher board you reach higher commission you earn. Every time a board is complete it generate 2 new board.
Joining Process :- User join by paying joining fee and get access to back office.
Commission :- Commission get paid as per compensation plan setup
Board Breakdown :- When a user complete board, it break into 2 new board. and qualified member move to next board.
TYPES OF COMMISSION IN
Board MLM Plan
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DIRECT SPONSOR COMMISSION
Commission paid for referring new member to the network
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INDIRECT COMMISSION
Commission paid when your direct member refer member they are counted as your indirect member.
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BOARD COMPLETE COMMISSION
Commission paid when your board is filled. You earn each time you cycle from a board.
DIRECT SPONSOR COMMISSION
Referral bonus is very important in Network Marketing Business. When you refer a new member to the business company pay you bonus called referral bonus. More member you refer more you earn. This increase the users income and encourage the users to build his network faster. Referaal bonus may b in % or it may be a flat amount.
With Global MLM you got privilege to set the referral bonus from admin panel in % or you can set a fixed amount.
INDIRECT COMMISSION
Indirect commission is paid in same manner as in other mlm plan when your upliner refer more then required mebmer, extra member sit under there empty space. these are counted your indirect member. if a company pay commission per downline then you earn from your indirect member too. If your direct member refer member they are also your indirect member. they also help you to fill your board faster.
BOARD COMPLETE COMMISSION
Board complete commission paid when you complete a board. In diagram we have taken an example of 2x2 board means you need 2 downline at your 1st level and 4 downline at your 2nd level then you complete board. Some company don't pay per downline but they pay when your board is complete and you move to next board.
Industries where Board Plan work
Health and wellness
Financial and Insurance Plans
Crypto-Mining and Trading
Forex Trading
E-commerce and Online Shopping
Smart Contracts and Token Sales
E-learning and Educational
Cosmetics and Personal Care
Rewards and Loyalty Program
Deals and Digital Ads Services
Investment Plans
Real Estate
Global Pack for all your requirements
Think Out of box
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Global MLM Software Package
Global MLM offer a complete MLM Package which include all the feature that is required to run a success mlm company
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Admin Panel
- Modern Dashboard
- Package Management
- Add Package
- Edit Package
- Delete Package
- Commission Setting
- Set Direct Refferal Commission
- Set Level Commission
- Set Board Commission
- Currency Setting
- Payment Mode Setting
- Ewallet
- Epin
- Bank Wire
- Payment Gateway of user Choise
- User Name Setting
- Member Management
- View All Member
- Active Member
- Inactive Member
- Block/Unblock Member
- Report Management
- Member Report
- Direct Member Report
- Joining Report
- Rank Achiver Report
- Commission Report
- Direct Income Report
- Level Income Report
- Board Income Report
- Member Package Report
- Recent Transaction Report
- Sales Income Report
- BV/PV Report
- E-Shop Management
- Product Management
- View All Product
- Add New Product
- Categories Management
- Manage Product Categories
- Order Management
- E-Wallet Management
- Manage User Wallet / Add Wallet Balance / Deduct Wallet Balance
- E-Pin/Voucher Management
- Create New Pin
- View Active Pin
- View Used Pin
- Assign Pin to User
- Block Pin/ Unblock Pin
- Payout Managemnt
- Withdrawl Request
- Pay Commission
- Paid Commission
- Unpaid Commission
- Support Management
- Open Ticket
- Closed Ticket
- CMS Management
- Promotional Tools
- Add Video, Audio, E-Books, Pdf, Doc etc
- Franchise Management
- Add Franchise
- View All Franchise
- Block Franchise
- Note : Each Modules can be customised as per client business requirements
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User Back Office Fature
- My Dashboard
- My Package
- Active Package
- Update Package
- My Profile
- View My Profile
- Edit My Profile
- My Rank
- My Team
- My Direct Member
- My Team Member
- My Earning
- My Total Income
- Direct Refferal Income Report
- Level Income Report
- Board Income Report
- Rank Income Report
- My Network
- Direct Member Tree
- Team Tree
- Tabular Tree
- My E-Wallet
- My Wallet Balance
- Request Withdraw
- Withdral Report
- Transfer Wallet to Member
- Transfer Report
- Purchase Wallet Balance
- My E-Pin
- Purchase Pin
- Active Pin
- Used Pin
- Transfer Pin to Member
- Blocked Pin
- Support Ticket
- Raise Ticket
- Open Ticket
- Closed Ticket
- Marketing Tools
- Video
- E-Books
- Promotion Tools
- Refferal Links
- Social Links
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What is included in Global MLM Package?
- Responsive Front End Website
- 1 Business domain for 1 year
- Free Hosting for 1 Year
- Free Technical Support for lifetime
- SSL Certificate for 1 year
- Free S.E.O
- Software Source Code License
- Fully Customisable As Per Client Need